#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

Analysts say Bitcoin’s inflation-hedging ability is uncertain in developed economies but more effective in emerging markets. For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically…

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#Hyperliquid’s mystery 50x ETH whale is now betting on LINK

#Hyperliquid’s mystery 50x ETH whale is now betting on LINK

The trader’s previous bet, nominally worth roughly $200 million, caused millions of dollars in losses for Hyperliquid’s liquidity providers. The cryptocurrency trader whose ultra-leveraged Ether (ETH) trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink (LINK), onchain data shows.  On March 14, the anonymous whale, referred to on…

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#SEC postpones ruling on Fidelity Ether ETF options

#SEC postpones ruling on Fidelity Ether ETF options

The agency delayed similar proposed rule changes by other exchanges in February. The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity’s Ether (ETH) exchange-traded fund (ETFs).  The agency has given itself until May 14 to approve or disapprove…

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